Peter Andrich takes on additional role as CEO of Koenig & Bauer Flexotecnica

• Koenig & Bauer (IT) S.r.l. CEO Peter Andrich takes on additional position as CEO of Koenig & Bauer Flexotecnica S.p.A.
• New role aligns with Koenig & Bauer global structure
• Previous CEO leaves the company
• Further strategic expansion of the market and continued focus on customers
• Subsidiary well positioned for the future

Koenig & Bauer has appointed Peter Andrich, the successful CEO of Koenig & Bauer (IT) S.r.l., as the new CEO of its subsidiary Koenig & Bauer Flexotecnica S.p.A.. Andrich, who has more than 25 years' experience in sales and management and has been CEO of Koenig & Bauer (IT) in Lainate near Milan since 2018, will now take over from Luigi Magliochi as CEO of Koenig & Bauer Flexotecnica S.p.A. in Tavazzano, in addition to his responsibilities at the site.

Koenig & Bauer is continually evolving to the ever-changing industries and markets. Staying focused on the customers while also taking care to remain agile and able to provide innovative solutions is an ongoing dynamic process.

"We thank Luigi Magliochi for his outstanding contribution. He has steered Koenig & Bauer Flexotecnica safely through local and global changes and challenges since 2020 and leaves the company well positioned for the future," says Christoph Müller, Koenig & Bauer board member."We believe that now is the right time to establish Tavazzano as a service location and to leverage synergies between the two Koenig & Bauer companies in Italy. Koenig & Bauer (IT) S.r.l. will - as part of the new Group-wide sales strategy - focus on the sale of various Koenig & Bauer products as well as product-specific service."

Peter Andrich adds: "I am looking forward to continuing the strategic development of our market in the flexo printing solutions sector and to developing and implementing sophisticated sales and service strategies tailored to our customers in Italy. In doing so, we will further intensify our competencies in cooperation with Würzburg. Our customers will benefit from our continuous development and our strong brand."